507 6th St Williston, FL 32696
Property profile & analytics
507 6th St, Williston, FL 32696
- Distribution centers
- 8,750 SF
- 0.63 lot acres
Property ID
US18-4682133
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Williston Storage-Climate Controlled / Storage Facility
Property Details for 507 6th St
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 0.63 lot acres
- Property type
- Distribution centers
- APN
- 504300700
- APU
- 504300700
Description
This exceptional self-storage investment opportunity in Williston, Florida, presents a fully stabilized, climate-controlled facility boasting a 9% cap rate (Year 1). Situated on 1.4 acres encompassing two parcels, the property comprises 13,875 square feet of space, including 8,750 square feet of climate-controlled storage units (95% occupied, with a waiting list) in a single-story building constructed in 2007. Three additional warehouse buildings totaling 5,125 square feet offer versatile space, currently partially leased (2-year lease commencing March 2024), with potential for conversion to additional climate-controlled storage. These buildings feature an office, two bathrooms, electric roll-up bay doors, electric hookups, and air compressors. Buildings 2 and 3 have recently received new metal roofs, and Building 2 has had its exterior metal replaced. The property also includes space for up to 20 boat/RV parking spaces or Boxwell units, with current marketing efforts underway (May 2024). The facility is remotely managed and features keypad entry for customer access. The current economic occupancy is 78%, indicating significant upside potential. The seller is offering attractive owner financing: 50% at 6% interest for 14 years. This presents a compelling opportunity for investors seeking a high-return, low-management self-storage asset in a growing Florida market with proximity to Gainesville and Ocala. The property includes 56 climate-controlled units across seven buildings.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $840,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,065,000
- 6.5%
- $985,000
- 7%
- $915,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,355,000
- RETAIL STORES
- $1,270,000
- OFFICE BUILDING
- $1,135,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Williston
- County
- Levy
- State
- Florida
- Longitude
- -82.4391
- Latitude
- 29.382
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,830
$0.00
$0.00
$174,920
-
$40,000
$134,920
$174,920
